EURUSD - Trends, Forecasts and Implications (Part 1) - page 500

 
Helex писал(а) >>

Gift under anniversary page "We're 500" launched by EA 1.5 hours ago, so far so good )))))))))))))))

Kudos! Good result!

Who has any thoughts on tomorrow's news? Specifically on these:

05.11.2009 11:55:00 Speech by Reserve Bank of Australia Governor Glenn Stevens Australia
05.11.2009 12:30:00 Manufacturing output m/m UK September -1.90% 1.1%

05.11.2009 15:00:00 Bank of England interest rate decision UK 0.50% 0.50%
05.11.2009 15:45:00 ECB Interest Rate Decision EU 1.00% 1.00%
05.11.2009 16:30:00 Building permits m/m Canada September 7.2% 1.3%
05.11.2009 16:30:00 ECB press conference EU
05.11.2009 16:30:00 Number of jobless claims US in the week to October 31 530.000 519.000

Where to go?

I think it's time to go down. Or shall we walk to the highs?

We will have more fun on Friday:

06.11.2009 16:30:00 Non-farm payrolls USA October -263k. -173k
06.11.2009 16:30:00 Unemployment rate US October 9.8% 9.9%
06.11.2009 16:30:00 Hourly earnings m/m US October 0.1% 0.1%

 
Yes, serious moves are being prepared in my opinion.
 
Noterday >> :
Yes, serious moves are being prepared in my opinion.

Are they getting ready? Or could they happen?

A conspiracy theory? ;)

 
Sorento >> :

Are they getting ready? Or could they happen?

A conspiracy theory? ;)

Didn't understand the question)) Well, I see the euur in uncertainty of some sort right now...doesn't know where it's going to go. The news should give it a nudge....

 

A curious comment from the DOU feed:

November 4. /Dow Jones/. The British pound/U.S. dollar pair is up 3 cents from Tuesday's low of 1.6260, and the rise provides another opportunity for selling. The pair's recent rise above 1.66 has been hampered. That said, ahead of Thursday's Bank of England meeting, market participants are unlikely to build up long positions in the pair at current high levels. At the time of writing, the pair Pound/Dollar was trading at 1.6540, with short-term resistance located at 1.6605. Probably, you should open short positions on pair between the current level and resistance, place stop orders above recently reached high 1.6690 and fix profit at approach of Tuesday's low 1.6260.



 
Are you really personalising this tool? 8-о)
 
rid >> :

I wouldn't be in a hurry to do all the movies. ;)

>> if the oil pulls back, the pound will be in trouble.

 

summary:

"ADPEmployment Change (USA, October 2009)".

previous: -254,000

Forecast: -188,000

data will be released soon!


Any thoughts on the direction of the move after this? Will the pair drop to ~1.4700

 

Getting ready to go down? I'm putting up sell stops

 
Helex >> :

Getting ready to go down? I'm putting up sell stops.


what about a more confident prediction? i got my hands full yesterday and found confidence on a move down... Now I'm sitting in a big loss because my bet is 60-70 pips up...